Just this afternoon the number of active listings in Ashburn surpassed 500. For the first 3+ months of the year the number of actives had held steady between 400 and 425. As April began the number of new listings started to pick up and sales have not be able to keep pace. This will definitely keep a lid on prices for the spring. The last time the number of actives was more than 500 was before Thanksgiving.
Any sellers who were hoping the spring was going to bring more buyers and maybe some appreciation in value are going to have to wait.
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